“Uber hasn’t officially responded to the news that Apple hasinvested $1 billion in its Chinese rival, but a jokey tweet by the U.S. taxi app’s boss [Travis Kalanick] about his girlfriend, shows he is at least ready to make light of the situation.,” Arjun Kharpal reports for CNBC.
“The investment will most likely not be welcome news for Uber which has been struggling in China,” Kharpal reports. “In February, the ride hailing app said it’s losing over $1 billion a year in the world’s second-largest economy. Didi claims to have an 87 percent market share and is backed by some of China’s biggest internet giants including Alibaba and Tencent.”
— travis kalanick (@travisk) May 13, 2016
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MacDailyNews Take: Funny.
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